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20100901
20100930
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WBAL (NBC) 4
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NBC
Sep 12, 2010 2:30am EDT
the highest point in two years. with summer behind us and midterm elections ahead of us, president obama hit the road this week to sell the administration's renewed focus on the economy. i spoke with treasury secretary timothy geithner about the plans the president announced this week to spur business innovation. >> i think they can make a very powerful impact. the first order of business is for congress to come and pass this set of very important tax breaks for small businesses. so they can start to hire people back again. once again, be the engine of job creation in this country. second thing, congress can extend the tax cuts that go to middle-class americans so they know today their taxes are not going to go up. those two things themselves are the most important things he can do right now. as you highlighted, you heard from the president today we want to work with congress to put in place a set of additional incentives to encourage investment not just in research and development in the united states but here today and start to rebuild america's infrastructure as well. those thin
NBC
Sep 5, 2010 2:30am EDT
staff. >> to you as well. thank you so much secretary solis joining us. >>> up next my conversation with billionaire sam zell. the state of real estate, where he's investing and where he thinks the economy is heading now. >>> looking at the financial crisis with fresh eyes and a sharp tongue. a novel approach to the lives of the once rich and powerful. let's get better prices... and better paint. let's break out the drop cloths, rollers, brushes, and tape. let's start small. then go big. no matter what the budget. and when we're done, let's take a bow. more saving. more doing. that's the power of the home depot. get $5 off one-gallon cans of behr, glidden, and new, martha stewart living paint. bad dog, balloon pop. [ dog whimpers ] because orbitz has price assurance. leaf in face, marie, man with computer. [ man ] marie! if another orbitz customer books the same hotel or flight for less, they'll send me a check for the difference automatically. so i know i'll get their lowest price. and i like knowing what to expect. bike, unrealistic splash, embarrassingly transparent. [ bell chime
NBC
Sep 19, 2010 2:30am EDT
the program. thanks for joining us. >> thank you, maria. >> so it's been two years since the collapse of lehman brothers. you and your pimco team say we've entered a new normal. diminished expectations and growth. tell us what that new normal may look like. >> well, it looks like a slow growth environment with high unemployment in the united states. and it looks like a global economy in which developing economies such as china and brazil do much better than developed countries such as the united states and englandnd those countries in euroland. so there is a distinction to be drawn going forward not only in terms of the slower growth for developed countries, but for the orientation towards higher growth in developing markets. >> so how do you invest based on that? >> well, i think you invest for growth. that's always been the key to investing, not only from the equity standpoint, but from the long standpoint. so you look towards those countries with relatively high real interest rates on the bond side that would be countries like brazil and canada and australia, and you look for count
NBC
Sep 26, 2010 2:30am EDT
community that he understands enough about the economy to get us back on a growth path. >> where do you think we are in this recovery? what is the danger ahead for the fourth quarter of the year end 2011, which we continue to hear we're still into the great recession? >> i don't see much growth ahead, maria. 1.6 annualized growth second quarter. i think the third quarter is going to be very similar. i don't see us growing fast enough, at least in the foreseeable future to bring unemployment down very much, if at all. it's not only going to have negative repercussions perhaps extending to 2012, but also the burden and pain in the population is enormous. you know, there is no secret to me why you have all this anger, this bitterness, this frustration, this anxiety expressing itself in a politics of resentment. that's what has happened every time in our history when you get so many people so concerned about their jobs. >> if the bush tax cuts expire for those making more than $250,000 a year, what kind of an impact would you expect on consumer spending, incentives to the business commu
Search Results 0 to 3 of about 4